Wells Fargo appears to be outpacing its rivals in the API race; CFPB's unexpected showdown with Citizens; Varo gets vital FDIC OK for bank charter; and more from this week's most-read stories.

When it comes to customers using application programming interfaces, the bank appears to be outpacing its rivals.

Brandee McHale will be president of the Citi Foundation and oversee the company's community development, inclusive finance and impact investing teams.

Ed Skyler, the bank's global head of public affairs, says a newly established $150 million fund will make equity investments in firms seen as having a positive impact on society.

Yes, bots are taking the routine calls from business cardholders, but make no mistake — these are demanding clients from around the world who phone in from loud airports, on bad connections and speak with heavy accents.

A new report from J.D. Power found that younger consumers increasingly believe the largest banks are better than regionals in providing financial guidance through digital channels.

The city's decision to drop a lawsuit alleging predatory ending by Wells Fargo, JPMorgan Chase, Bank of America and Citigroup highlights the challenges municipalities face in taking on deep-pocketed financial institutions.

With mobile banking on the rise, New York City is joining a trend that's already sweeping the rest of the country. Fewer bank branches. Smaller bank branches.

An early warning system for bad bank loans is taking effect this year. Beware false alarms.

The Massachusetts senator and presidential contender sent a letter to eight of the biggest U.S. banks asking about how they assess climate-related risks to assets and how they plan to mitigate social and economic fallout.

Savings for the top six U.S. banks from President Donald Trump's signature tax overhaul accelerated last year, now topping $32 billion as the lenders curbed new borrowing, pared jobs and ramped up payouts to shareholders.

In the year since it voluntarily disclosed its own data, Citigroup has shown an improvement in its median pay for female and minority employees, the firm said Wednesday.

JPM, Citi shrug off low rates as strong economy propels profits; digital currencies start year with gains as optimism about its future grows.

The banking giant is counting on continued growth in cards, deposits and digital accounts to drive returns higher in 2020.

The rebound, combined with strong earnings from debt underwriting and consumer banking, pushed net revenue for the period to the highest since 2015.

Potential sources of industry upheaval, and how to adapt; former Wells Fargo execs may face criminal charges in coming weeks; why banks have such high turnover of chief compliance officers; and more from this week's most-read stories.

Estimates for 2020 are for a combined profit drop of $10 billion as global interest rates remain stubbornly low and geopolitical tensions stay high.

In his new role, David Chubak will oversee all of Citigroup’s retail channels, product management and client segments.

Net interest margin pressure, modest loan growth and limited operating leverage could weigh on bank stocks in 2020, UBS analysts said.

The bank could pay about $2 billion to close the 1MDB case in the U.S.; in letters lawmakers ask Dimon about policies to combat racism.